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Denmark lifts economic growth forecast due to strong pharma exports
COPENHAGEN (Reuters) - The Danish government on Thursday lifted the country's economic growth forecast for 2023 due to higher-than-expected employment and the continued growth of the Danish pharmaceut...
Syndicated Content Aug 31, 2023
Exclusive-India’s JSW in talks with Chinese carmaker Leapmotor for EV tech -sources
By Aditi Shah and Neha Arora NEW DELHI (Reuters) - India's steel-to-energy JSW Group is in early talks with Chinese automaker Leapmotor to license technology to build electric vehicles in India, accor...
Syndicated Content Aug 31, 2023
Sage Therapeutics to cut 40% of jobs after depression drug setback
(Reuters) - Sage Therapeutics said on Thursday it would cut its workforce by about 40%, weeks after the U.S. health regulator declined to approve its drug to treat major depressive disorder. The U.S. ...
Syndicated Content Aug 31, 2023
Salesforce rallies as profitability push pays off
(Reuters) - Salesforce rallied 5% on Thursday after its strong earnings report showed that cost cuts were working and demand was holding up better than expectations in a turbulent economy. The busines...
Syndicated Content Aug 31, 2023
Dow futures rise on Salesforce boost; inflation data in focus
(Reuters) - Futures tracking the Dow Jones rose on Thursday as shares of Salesforce jumped after the company raised its annual revenue forecast, while investors awaited a key inflation reading due lat...
Syndicated Content Aug 31, 2023
CIBC posts lower third-quarter profit as bad loan provisions rise
(Reuters) - Canadian Imperial Bank of Commerce reported a decline in third-quarter profit on Thursday as the bank set aside more funds for bad loans to cover for borrowers struggling to repay their de...
Syndicated Content Aug 31, 2023
Private equity owners of Procare Solutions explore sale of software maker-sources
By Milana Vinn NEW YORK (Reuters) - The private equity owners of Procare Solutions are exploring a sale that could value the child-care management software provider at nearly $2 billion, including deb...
Syndicated Content Aug 31, 2023
AI startup Speak raises $16 million in latest funding led by Lachy Groom
(Reuters) - Speak, an artificial intelligence (AI)-backed English language learning platform, said on Thursday that it has raised $16 million in fresh funding led by venture capitalist Lachy Groom. Th...
Syndicated Content Aug 31, 2023
Special Report-Inside the downfall of embattled property developer China Evergrande
By Engen Tham, Julie Zhu and Clare Jim SHANGHAI/HONG KONG - In the beginning, Hui Ka Yan followed a simple formula. Borrow to buy land. Sell homes on the site before they are built. Use the cash to pa...
Syndicated Content Aug 31, 2023
India gets record low August rains- weather department
MUMBAI (Reuters) - India witnessed the driest August in more than a century as the country received 36% less rainfall than normal in 2023, according to data compiled by the India Meteorological Depart...
Syndicated Content Aug 31, 2023
Peoria, IL, USA
69 °F Sunny
